April 26, 2016 archive

Oil Prices Rise After API Data Confirms Surprise Fall in Crude Supplies

Oil futures settled higher Tuesday as traders weighed the prospects for a decline in crude production, according to Bloomberg MarketWatch. The market also awaited the closely watched U.S. Energy Information Administration weekly report on crude supplies due Wednesday. On the New York Mercantile Exchange, June West Texas Intermediate crude added $1.40, or 3.3%, to settle at …

Continue reading »

Completion Reports April 27, 2016

ALFALFA COUNTY Chesapeake Operating Llc 15 27N 11W Kraus 15-27-11 2h, April 11, 2016 HH, TA, TD: 10101 ft Lat: 36.81215, Long: -98.37108 API: 35003231590001 Chesapeake Operating Llc 15 27N 11W Kraus 15-27-11 1h, April 08, 2016 HH, TA, TD: 10135 ft Lat: 36.81215, Long: -98.37119 API: 35003231600000 GARFIELD COUNTY U S Energy Development Corporation …

Continue reading »

Permits to Drill April 27, 2016

Blaine County LEHMAN #1-11H, April 26 2016 11 15N 11W SWSESESE API: 01123601 Lat: 35.78362214479591, Long: -98.33244240276765 CIMAREX ENERGY CO HH, DR, 15897 ft, MISSISSIPPIAN(9860), WOODFORD(11375) Coal County STELLA TUCKER #3-22/27H, April 26 2016 15 1N 10E SWNWSESW API: 02921335 Lat: 34.5515485283461, Long: -96.24431540425432 BRAVO ARKOMA LLC HH, DR, 18860 ft, WOODFORD(7335) Coal County STELLA …

Continue reading »

Inhofe and Boxer Unveil new Water Resources Development Act

Oklahoma U.S. Senators Jim Inhofe and Barbara Boxer on Tuesday released their various of The Water Resources Development Act of 2016. Inhofe is chairman of the Senate Environment and Public Works committee and Boxer, a Democrat from California is the ranking minority member. Their Act authorizes 25 critical Army Corps projects in 17 states. “These …

Continue reading »

10-Year Gas Storage Deal Announced by Plains All American Pipeline

A 10-year agreement has been announced by Plains All American Pipeline, L.P. based in Houston, Texas and Cheniere Energy Partners, L.P. The Pine Prairie Energy Center LL, a subsidiary of Plains All American will provide 8 billion cubic feet of firm natural gas storage to Cheniere beginning in 2018 to serve the storage needs of …

Continue reading »

Gas Drilling Comes to a Halt in the Barnett Shale of North Texas

A first for the Barnett Shale in north Texas—-no working gas rigs. The Fort Worth Star Telegram says RigData reported last week the count was “zero” for the field that exists under nearly 24 counties in north Texas. The newspaper reported an editor with RigData was so surprised by the lack of rigs that the …

Continue reading »

Three New Energy Bills Signed into Law

Oklahoma Governor Mary Fallin put her name to three more energy bills on Monday, creating new laws pertaining to underground facilities damage, the state plugging fund and solid waste disposal. The Underground Facilities Damage Prevention Act, better known as House Bill 1951 by Rep. Weldon Watson, R-Tulsa and Sen. A.J. Griffin, R-Guthrie updates the statutory …

Continue reading »

Survey Finds Majority of Oklahomans Support Wind Tax Credits

A new poll by a group called the Family Business Coalition adds fuel to the fiery-debate over efforts in the Oklahoma legislature to eliminate tax credits for the state’s wind industry. The Coalition says its recent poll of likely Oklahoma voters found 76% favor keeping or increasing the tax credits while only 16 percent support …

Continue reading »

SoCalGas Leak Still Presenting Problems in California

Two months after a blown-out natural gas well was capped near Los Angeles and nearly half of the 8,000 families evacuated have yet to return. Many have concerns of other leaks while some say they packed up to escape health problems including nausea and nosebleeds and respiratory problems caused by the leak at the SoCalGas …

Continue reading »

State Plans Nearly $100 million in Improvements to Municipal Airports

The Oklahoma Aeronautics Commission is proposing $98 million in improvements to airports around the state in the coming two fiscal years. Projects are 40 airports within the state system are included in the Capital Improvement Program for fiscal years 2017-2019. The majority of the projects, according to Vic Bird, director of the Aeronautics Commission will …

Continue reading »